Highlights SMMT forecasts 2020 sales at 1.68 million units April decline steepest in modern times: SMMT Coronavirus shuts down global automobile market London — UK new car registrations fell off a cliff in April, down 97.3% on the year at 4,321 units, according to figures published Tuesday by the Society of Motor Manufacturers and Traders, or SMMT. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The data marked a record low for the new car market as the coronavirus pandemic forced the country into lockdown for the entire month, with showrooms closed and car buyers housebound. SMMT expects 1.68 million new car registrations for full year 2020, the lowest since 1992. “The decline was the steepest of modern times, and is in line with similar falls across Europe, with France down 88.8% and the Italian market falling 97.5% in April,” said the organization. Looking at […]